If you’re someone who regularly spends a significant amount of money on Amazon, then you might be wondering if there’s a credit card that can reward you for all those purchases. Look no further – the Prime Visa card might just be the perfect fit for you. Here’s why:
Earn Cash Back Rewards
With the Prime Visa card, you have the opportunity to earn substantial cash back rewards on your Amazon purchases:
- 5% cash back on items purchased at Amazon.com, Amazon Fresh, and Whole Foods, but this perk is only available if you have an eligible Prime membership.
- Earn up to 2% cash back on other purchases, such as dining out, refueling your vehicle, and commuting through local transit or ride-sharing services.
- Get 1% cash back on all other purchases.
On top of the cash back rewards, there are a few other enticing features that come with the Prime Visa card:
- If you have a Prime membership, you might be eligible to receive a $100 Amazon gift card instantly upon approval.
- There are no annual fees or foreign transaction fees associated with this card.
Credit card experts Ted Rossman and Matt Schulz both agree that the Prime Visa card is a worthy choice for devoted Amazon consumers. Schulz even goes as far as saying that this particular retail credit card is an exception to his general rule of avoiding them. He points out that there’s an added bonus of a $100 signup bonus available immediately after getting approved for the card.
While Picks managing editor Catey Hill personally recommends the Prime Visa card for its high cash back at Amazon and Whole Foods, it’s worth noting that other credit cards may offer higher cash-back rates for different types of purchases.
Prime Visa Rewards: A Game-Changer for Amazon and Whole Foods Shoppers
Are you an avid Amazon and Whole Foods shopper? If so, you may want to take a closer look at the Prime Visa rewards program. This exclusive offer allows you to earn substantial cash back on your purchases, providing you with substantial savings.
Maximize Your Savings
By spending $1,000 per month on Whole Foods, Amazon.com, and/or Amazon Fresh, you could earn an impressive $600 back over the course of a year. Even if you spend $500 monthly, you can still enjoy $300 in annual rewards. And that’s not all – this doesn’t even include the 2% cash back rewards that await you at restaurants, gas stations, and drugstores. With the potential to earn over $1,000 a year in rewards, this card is definitely worth considering.
Of course, there are a few catches to be aware of. The Prime Visa card is ideal for frequent shoppers at Amazon and Whole Foods, as well as those who consistently pay their credit card bills on time and in full. Failure to do so can result in high interest charges.
Is the Prime Visa Right for You?
If you’re not currently an Amazon Prime member or don’t spend a significant amount of money on Amazon or Whole Foods, there may be other credit card options that are more suitable for your needs. Consider exploring cards that offer points or cash back through different retailers or provide more generalized rewards. Additionally, individuals with less-than-stellar credit should be aware that this card tends to have higher interest rates for those with good credit.